The historical rank and industry rank for Kelt Exploration's Pretax Margin % or its related term are showing as below:
TSX:KEL'
s Pretax Margin % Range Over the Past 10 Years
Min: -199.42 Med: 4.13 Max: 42.84
Current: 22.79
TSX:KEL's Pretax Margin % is ranked better than 77.41% of 974
companies
in the Oil & Gas industry
Industry Median: 6.035
vs TSX:KEL: 22.79
Kelt Exploration Pretax Margin % Historical Data
The historical data trend for Kelt Exploration's Pretax Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Kelt Exploration's Pretax Margin %
For the Oil & Gas E&P subindustry, Kelt Exploration's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Kelt Exploration's Pretax Margin % Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Kelt Exploration's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Kelt Exploration's Pretax Margin % falls into.
Kelt Exploration Pretax Margin % Calculation
Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.
Kelt Exploration's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Kelt Exploration (TSX:KEL) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Kelt Exploration Pretax Margin % Related Terms
Thank you for viewing the detailed overview of Kelt Exploration's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Kelt Exploration Ltd is an oil and gas company that focuses on the exploration, development, and production of crude oil and natural gas in northwestern Alberta and northeastern British Columbia. Assets for production are acquired through the purchase of other corporate entities or through a full-cycle exploration program. Kelt traditionally focuses its exploration activities on areas with multizone hydrocarbon potential in Canada. The company owns pipeline infrastructure in some of its core regions to help move its products to domestic markets. Product offerings for the energy firm consist of crude oil, natural gas liquids, and natural gas, with a majority of revenue delivered by Gas production.
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